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YIT Oyj (YIT Oyj) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is YIT Oyj Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


YIT Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for YIT Oyj's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

YIT Oyj Cyclically Adjusted PS Ratio Chart

YIT Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.27 0.27 0.15 0.12

YIT Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.13 0.13 0.12 0.12

Competitive Comparison of YIT Oyj's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, YIT Oyj's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


YIT Oyj's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, YIT Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where YIT Oyj's Cyclically Adjusted PS Ratio falls into.



YIT Oyj Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

YIT Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, YIT Oyj's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.142/121.2200*121.2200
=2.142

Current CPI (Mar. 2024) = 121.2200.

YIT Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.827 100.147 4.632
201409 5.053 100.726 6.081
201412 5.097 100.229 6.164
201503 3.364 100.120 4.073
201506 4.098 100.030 4.966
201509 3.221 100.130 3.899
201512 4.396 99.990 5.329
201603 2.952 100.080 3.576
201606 3.497 100.390 4.223
201609 3.695 100.540 4.455
201612 4.631 101.020 5.557
201703 3.797 100.910 4.561
201706 4.482 101.140 5.372
201709 3.925 101.320 4.696
201712 5.681 101.510 6.784
201803 3.630 101.730 4.325
201806 4.509 102.320 5.342
201809 4.255 102.600 5.027
201812 6.082 102.710 7.178
201903 3.613 102.870 4.257
201906 4.004 103.360 4.696
201909 4.285 103.540 5.017
201912 5.705 103.650 6.672
202003 3.667 103.490 4.295
202006 3.854 103.320 4.522
202009 3.735 103.710 4.366
202012 5.673 103.890 6.619
202103 3.200 104.870 3.699
202106 3.947 105.360 4.541
202109 3.010 106.290 3.433
202112 4.702 107.490 5.303
202203 2.728 110.950 2.981
202206 2.755 113.570 2.941
202209 2.652 114.920 2.797
202212 3.952 117.320 4.083
202303 2.330 119.750 2.359
202306 2.891 120.690 2.904
202309 2.823 121.280 2.822
202312 3.114 121.220 3.114
202403 2.142 121.220 2.142

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


YIT Oyj  (GREY:YITYF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


YIT Oyj Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of YIT Oyj's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


YIT Oyj (YIT Oyj) Business Description

Industry
Traded in Other Exchanges
Address
Panuntie 11, P.O. Box 36, Helsinki, FIN, 00620
YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: 1) Housing segment which comprises the development and construction of apartments, entire residential areas and leisure-time residences; 2) Business Premises segment engages in contracting in business premises construction as well as residential construction. 3) Infrastructure segment includes railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction and other earthworks, shoreline and waterworks construction, etc; 4) Property Development segment develops business premises and hybrid projects as well as wind farms.

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